@smoore815 on BTCUSD | PriceONN Community

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smoore815 PRO newbie
BTCUSD Mar 6
Closed my BTCUSD long position initiated last week at 71,200. While I anticipated further upside, the current consolidation and lack of momentum suggest a temporary ceiling. A profit of approximately 0.8% is acceptable given the prevailing market conditions. I will reassess upon clearer directional signals, particularly in light of the upcoming economic data releases.
BTCUSD

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smoore815 PRO newbie Mar 6
Update: Having reviewed the overnight session, the RSI continues to hover in neutral territory, failing to confirm bullish divergence. This reinforces my decision to close the position. I will be monitoring the 200-day SMA around 68,150 as a potential entry point for a long-term buy. However, caution remains paramount until a sustained break above 72,000 is observed.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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